TPP: A better access to the beef market

25 de Enero de 2018

11 countries of the Pacific coast will sign the Trans-Pacific Partnership pact in March, which will represent a great deal for the exporters of these countries.

The TPP seeks to reduce trade barriers, establish a common intellectual property framework, strengthen the standards of labor law and environmental law, and establish an arbitration mechanism for investor-state disputes.

The actual members of the TPP are: Australia, Brunei, Canada, Chile, Japan, Malasia, Mexico, New Zealand, Perú, Singapore and Vietnam.

TPP-11 or CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) ended at a meeting of trade officials in Tokyo on January 23, and it is expected to be formally signed on March 8 in Chile.

Once it takes effect, the CPTPP will initiate significant improvements in the current access arrangements and generate new export opportunities for its members.